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Prudential Cancels 313,214 Shares After Latest Buyback Transaction

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Prudential Cancels 313,214 Shares After Latest Buyback Transaction

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Prudential ( (GB:PRU) ) has shared an announcement.

Prudential plc has repurchased 313,214 of its ordinary shares on 13 January 2026 from JP Morgan Securities plc as part of its ongoing share buyback programme authorised at the 2025 AGM, paying an average price of £11.7407 per share. The company intends to cancel the repurchased shares, reducing the number of shares in issue and voting rights to 2,546,268,935, a move that marginally enhances earnings per share and capital returns for existing investors while underlining management’s continued focus on shareholder value and alignment with London and Hong Kong listing and buyback regulations.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £1270.00 price target. To see the full list of analyst forecasts on Prudential stock, see the GB:PRU Stock Forecast page.

Spark’s Take on GB:PRU Stock

According to Spark, TipRanks’ AI Analyst, GB:PRU is a Outperform.

Prudential’s overall stock score is driven by strong earnings performance and strategic corporate actions, including share buybacks and executive share acquisitions. While financial performance shows strengths in profitability and cash flow, revenue volatility and equity declines pose risks. The stock’s technical indicators and valuation suggest potential for growth, supported by strategic investments and market expansions.

To see Spark’s full report on GB:PRU stock, click here.

More about Prudential

Prudential plc is a life and health insurance and asset management group focused on Greater China, ASEAN, India and Africa, providing simple and accessible financial and health solutions. The group has dual primary listings in Hong Kong and London, a secondary listing in Singapore, and American Depositary Receipts trading on the New York Stock Exchange, and is included in major Hong Kong and Stock Connect indices.

Average Trading Volume: 5,216,217

Technical Sentiment Signal: Buy

Current Market Cap: £29.36B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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